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Tuesday, December 12, 2006

Natural Gas Slipping Away

Natural Gas prices slip-sliding away! Front month January Natural Gas futures lost 13.4 cents per British Thermal Unit (BTU) to settle at $7.427. The range, low to high, was $7.22 to $7.44. Cash prices led the retreat over the weekend, with physical gas prices dropping 77 cents to $6.75/MMBtu at the Henry Hub in Louisiana, while the Transcontinental Zone 6 prices in New York lost a dollar, to change hands at $7.30/MMBtu. Read More....